Coop Pank to Enhance Internal Procedures Following a Precept Issued by Finantsinspektsioon
Following an on-site inspection, Finantsinspektsioon (the Estonian Financial Supervision and Resolution Authority) issued a precept requiring Coop Pank to improve its governance, internal control, risk management, regulatory reporting and lending procedures. The bank agrees with the findings and will implement the required changes within the deadlines set out in the precept in 2026 and 2027.
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